Exhibit 99.1

Mesa-Royalty-Trust

Mesa Royalty Trust Announces Trust Income for January 2005

MESA ROYALTY TRUST

JPMorgan Chase Bank, N.A., Trustee	*NEWS*
	*RELEASE*

FOR IMMEDIATE RELEASE

AUSTIN, TEXAS January 21, 2005 — Mesa Royalty Trust (NYSE symbol-MTR) announced the Trust income distribution for the month of January 2005. Unitholders of record on January 31, 2005 will receive distributions amounting to $828,686 or $0.444671729 per unit payable on April 29, 2005. Royalty income from the San Juan Basin Properties totaled $447,101. Royalty income from the Hugoton Properties totaled $387,033.

The extent of future distributions from the properties in which the Trust has an interest will continue to be dependent on normal factors associated with oil and gas operations such as oil and gas production levels, prices and associated cost, accruals for future abandonment costs, timing and extent of capital expenditures.

Contact:	Mesa Royalty Trust
	JPMorgan Chase Bank, N.A., as Trustee
	Mike Ulrich
	1(800) 852-1422
	(512) 479-2562

www.businesswire.com/cnn/mtr.htm

P.O. Box 550 Austin, TX 78789